CINCINNATI–(BUSINESS WIRE)–Jul 27, 2021–
Carefeed, a leading provider of digital communication solutions to senior care facilities, announced today that it closed a venture financing round. The round was led by Allos Ventures, with participation by M25, and will enable Carefeed to expand its footprint in skilled nursing and senior living communities across the United States and Canada, enhance its digital communication platform, and broaden its offerings into other patient care settings.
Over the past year, senior care communities learned the vital role a modern digital communication platform can play in sharing and documenting critical updates with residents, families, staff, and referral sources. Many communities discovered that their traditional communications systems and processes were inadequate, inefficient, and often non-compliant with state and federal regulations.
Carefeed’s HIPAA secure SaaS platform digitizes the information and materials that senior communities share with their various stakeholders. The platform automates antiquated and time-consuming processes by using text, email, voice, and video to seamlessly distribute critical updates and announcements, enable e-signature of admission agreements, allow staff-to-resident/family and staff-to-staff communication, schedule care conferences and offsite doctors’…